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some more interest today(up 16%) hope this in a pre-curser to some good news
"With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu
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Bg month of announcement for HLX ??? any day now...need something to wake it up
CANBELEGO JV
Helix is drilling two drill holes below the Canbelego Copper Deposit targeting beneath high-grade copper plunge
positions the Canbelego Resource. A fixed-loop EM conductor plate supports the depth continuity of high grade
sulphide mineralisation below the known resource. Helix is also drill testing an EM conductor associated with
strong copper in soil anomalism (up to 0.3% Cu) at the Caballero Prospect. This combined work will take Helix to
70% equity in the Canbelego JV. Results are expected in August.
RESTDOWN JV
The Company has completed four RC holes to follow-up the initial 70m@1.1g/t Au intersected in first-pass drilling
at the Boundary Prospect. Alteration consistent with that in the initial hole has been encountered in this drilling.
Results are due in August.
KOREE PROJECT (100% HLX)
The Company has completed three RC holes into the Amity Reward South Prospect to follow-up a strong gold in soil
anomaly associated with several +10g/t Au (Max 39g/t Au) surface rock chips. Results are expected in August.
"With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu
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Looks like this could slowly be coming back to life...
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 Originally Posted by Entrep
Looks like this could slowly be coming back to life...
Yes someone's keeps loading up the 4c bids another 300k today if it's the same guys he'll brought some 1.3mill shares so far this month round 4c
Last edited by JBmurc; 10-09-2013 at 04:26 PM.
"With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu
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Canbelego Drilling Extends Mineralisation at Depth
Assay results from the recent RC/Diamond drilling at the Canbelego Prospect demonstrate that copper mineralisation extends at depth with high copper grades present.
Helix Resources Limited
Gold, Copper, Iron Ore in Australia and Chile
Results include:
Helix Re2smour@ces6L.8im%iteCdu(AfrSoXm:H2L1X9)mis awmithinienrals1e5xmplowraitdioenzconmepaonfyafnoo cumsaeldoouns i(d>en0t.i1fic%atCioun), accoqpupiseirtioin adnrdill development of projects in Australia and Chile
hole CBLRC018 12m @ 1.2% Cu incl. 3m @ 2.1% Cu and 1m @ 2.1% Cu returned from 248m in drill hole
CBLRCD017.
The above two intersections at the Canbelego Prospect, lie below the historical mine workings and previous drilling intersections (refer to figures 1 and 2). The current results extend the resource potential down dip by 40m to 220m vertical depth.
The holes have been cased with PVC piping to enable down-hole EM surveys to be undertaken, providing a platform for geophysics to test for conductors related to possible continuation of mineralisation below the 250m level. Historically, a number of Cobar District mines have been observed to improve in mineralisation grade and thickness below 250m depth.
At the Caballero Prospect, located 2.5km southeast of the Canbelego Prospect, 1 metre re-samples from the previously reported CBLRC020 RC drill hole in August have now been received.
In September Helix drilled a second RC hole (CBLRC021) at Caballero, which was planned to intersect approximately 50m below CBLRC020 (refer Figure 3). Hole CBLRC021 has now been completed to a depth of 168m. It has intersected several zones of oxide and sulphide copper mineralisation, including a sulphide interval containing chalcopyrite between 120m -130m down hole. This zone of sulphide mineralisation appears to correspond to the top of the EM conductor position and is down dip from the higher grade zone of copper oxide material in CBLRC020.
Samples have been submitted to the laboratory with results expected within two weeks.
"With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu
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https://cdn-api.markitdigital.com/ap...df02a206a39ff4
Love that word "massive"...
Well it "really works" as the share price is up 128.6% today.Massive.
Last edited by percy; 12-05-2021 at 01:23 PM.
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Nice work percy ... great results ,,, was actually looking over AIS pre-open thinking they looked like a great Cu producer play ...
"With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu
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